Sterling Optical Franchise Review

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Sterling Optical is analyzed based on our most recent FDD research!

Franchise Info

Sterling Optical businesses offer prescription and non-prescription eyewear and related items and services for sale, and the services of an employed or otherwise affiliated optometrist or other eye care professional and also receive and fill prescriptions for eyeglasses and contact lenses from unaffiliated optometrists and ophthalmologists.

What is the upfront requirements to own an Sterling Optical franchise?

Sterling Optical has a franchise fee of up to $30,000, with a overall upfront investment range from $66,660 to $2,110,180.

  • Initial Franchise Fee: $30,000
  • Total Investment: $66,660 to $2,110,180
  • Working Capital: $20,000 to $80,000
  • Royalty Fee: 8.0%

The upfront purchase price of any franchise opportunity includes many fees. Check out this franchise opportunity to better understand the initial costs required to buy an Sterling Optical, such as franchise fees, leasehold improvement costs, pre-opening advertising, and technology fees. It should be noted that, franchisors must to provide you with details about all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.

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How much does an Sterling Optical franchisee make?

As with any new franchised business, the franchise owner's salary and the revenue from a Sterling Optical business depends on many factors. One way to confirm the potential revenues or profits earned from a Sterling Optical franchise investment is to review the franchisor's Item 19 within their FDD. Typically, profits and owner's salary are equitable to the size of the investment and number of locations you own. Demand for your products, the labor costs, commercial lease rates and several other variables also play a large role in your bottom line and your personal salary

For additional information and franchise specific on the revenue of an Sterling Optical franchise opportunity, unlock this franchise

How many franchise locations does Sterling Optical franchise system have?

As of the 2017 Franchise Disclosure Document, there are 0 franchised Sterling Optical locations throughout the USA.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Sterling Optical franchise opportunities in my area?

Based on 2017 FDD data, Sterling Optical has franchise locations in 10 states. There may be no locations in several states as each franchise plans their growth strategy differently. Certain states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to awarding franchise opportunities to residents in that state. These registration states have examiners review a franchise company's FDD to confirm it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that require franchise companies to file their franchise within the state. In most instances the filing is simply a notice with the state. Unlike franchise registration states, the franchise filing states do not review the FDD.

CA
DE
MD
ND
NJ
NY
PA
VA
WI
WV

Based on our research Sterling Optical is expanding into new markets and might be available near you. While planning your franchise purchase, you always need to be considering what is a good location for my business. Review the potential customer base to assess that your city has a need or customers for this franchise. Even the most popular franchises have states that they are not successful in. The reasons why a specific franchised location can fail are plentiful. You need to analyze not only the franchised business itself, but review locations where you believe it has a more profitable opportunity.

One of our franchise advisors will have detailed knowledge about this franchise opportunity. Unlock to learn more and connect with our experts.

Last Reviewed: 2017

Sector: Personal Services

Category: Healthcare

Sterling Optical Franchise INFORMATION

Total Investment
$66,660 - $2,110,180
Franchise Fee
$30,000
Franchise agreement
Initial Term
10 Years
Renewal Term
10 Years
Franchise outlet growth
2014
104
2016
0
Ongoing fees
Royalty
8.0%
ad fees
6.0%
# of franchised outlets
0

ADDITIONAL QUESTIONS

Does this opportunity provide any initial training and opening assistance?

Yes, they have an initial training program of 63 hours. This includes 0 hours of classroom training, 63 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online N/A
On-the-Job 63
Classroom 0
Total 63

Does this opportunity offer Territory Rights?

Sterling Optical offers territory protections. For an explanation of territory rights, unlock this franchise for important details.

Do they have computer and technology support in place?

Yes, Sterling Optical offers comprehensive support for franchisees. Unlock this franchise to find out more.


How long ago did Sterling Optical begin franchising?

They began franchising in 1992. The average Healthcare franchise began franchising in 2011.


Do they offer lending options?

Yes. They offer certain financing options within Item 10 of their FDD.

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